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Archive for the ‘economics’ category: Page 21

Oct 5, 2023

Actions for Wealth Inequality by the Millenium Project, Ranked

Posted by in categories: economics, futurism

When working at the Millenium Project, a global think tank that publishes reports surrounding global problems, I decided to improve the way reports were presented by ranking the actions provided by the organization to adress the problem. I focused on the 23 actions in global challenge 7 (Rich-poor gap) and created a system focusing on two aspects: feasibility and impact.

Assigning scores from 1–10 for each of these aspects made sense as an action needs to be both implemented and impactful for it to adress the problem. By researching to assign these scores and multiplying them, I could get an overall idea of where an action would compare to another one. Below is a graph summarizing my results, followed by the details behind each ranking.

1. Make higher education more easily available to all.

Feasibility: 7

Rates of higher education have doubled worldwide 19 to 38 percent over the last two decades, indicating that increased access is very possible. Although the process of making education truly available will take decades, governments clearly recognize the need for it and are taking steps towards achieving it, with education becoming a larger percent of GDP for most countries.

Impact: 8

Higher education has been known to increase earnings significantly, thereby reducing poverty. Additionally, education has been known to have various benefits towards poverty like reducing food insecurity and standards of health.


Oct 4, 2023

Is explosive growth ahead for AI?

Posted by in categories: economics, ethics, privacy, robotics/AI

As we plunge head-on into the game-changing dynamic of general artificial intelligence, observers are weighing in on just how huge an impact it will have on global societies. Will it drive explosive economic growth as some economists project, or are such claims unrealistically optimistic?

Few question the potential for change that AI presents. But in a world of litigation, and ethical boundaries, will AI be able to thrive?

Two researchers from Epoch, a research group evaluating the progression of artificial intelligence and its potential impacts, decided to explore arguments for and against the likelihood that innovation ushered in by AI will lead to explosive growth comparable to the Industrial Revolution of the 18th and 19th centuries.

Oct 1, 2023

A Day Without Space: GPS Is Ground Zero For The New Space Race

Posted by in categories: economics, education, government, robotics/AI, satellites, security

The 2 SOPS or 2nd Space Operations Squadron commander, Lt Col Robert Wray… More.


Of all the missions the Space Force performs daily for a grateful nation, there is none more ubiquitous and essential than GPS. Today’s soldiers and sailors depend on reliable, accurate, and secure GPS as much as they do any weapon they employ. Meanwhile, the rest of the world is just as dependent on GPS to enable basic mobility and underpins every other sector of the modern global economy. The criticality of secure global navigation and timing to both warfighting and the national economy makes it unique – we simply could not go a day without space. In so few words, GPS’ future is ground zero for the new space race.

The 2 SOPS or 2nd Space Operations Squadron commander, Lt Col Robert Wray reminds me that “14 of the 16 critical infrastructures designated by the Department of Homeland Security rely on 24/7 GPS to operate for the country.” But the newest GPS satellites in use today are the same school bus sized ones Gen. Hyten has lamented are, “juicy targets” for our adversaries – marvels of modern engineering, yes, but no longer sufficient to meet modern needs.

Continue reading “A Day Without Space: GPS Is Ground Zero For The New Space Race” »

Sep 29, 2023

Advances in Aquatic Invertebrate Stem Cell Research

Posted by in categories: biotech/medical, business, economics

MDPI uses a print-on-demand service. Your book will be printed and delivered directly from one of three print stations, allowing you to profit from economic shipping to any country in the world. Generally, we use Premium shipping with an estimated delivery time of 7–12 business days. P.O. Boxes cannot be used as a Ship-To Address.

Please note that shipping time does not include the time for placing and processing the order or printing. For this, an additional turnaround time of 10 working days should be expected.

Sep 27, 2023

AI girlfriends are ruining an entire generation of men

Posted by in categories: economics, health, humor, robotics/AI

And that is just health care. In 1940, there were 42 workers per beneficiary of Social Security. Today, there are only 2.8 workers per beneficiary, and that number is getting smaller. We are going broke, and the young men who will play a huge role in determining our nation’s future are going there with AI girlfriends in their pockets.

While the concept of an AI girlfriend may seem like a joke, it really isn’t that funny. It is enabling a generation of lonely men to stay lonely and childless, which will have devastating effects on the U.S. economy in less than a decade.

Sep 26, 2023

Tesla raises Dojo D1 order from TSMC: report

Posted by in categories: economics, robotics/AI, supercomputing, transportation

Tesla is reportedly increasing the orders for its Dojo D1 supercomputer chips. The D1 is a custom Tesla application-specific integrated circuit (ASIC) that’s designed for the Dojo supercomputer, and it is reportedly ordered from Taiwan Semiconductor Manufacturing Company (TSMC).

Citing a source reportedly familiar with the matter, Taiwanese publication Economic Daily noted that Tesla will be doubling its Dojo D1 chip to 10,000 units for the coming year. Considering the Dojo supercomputer’s scalability, expectations are high that the volume of D1 chip orders from TSMC will continue to increase until 2025.

Dojo, after all, is expected to be used by Tesla for the training of its driver-assist systems and self-driving AI models. With the rollout of projects like FSD, the dedicated robotaxi, and Optimus, Dojo’s contributions to the company’s operations would likely be more substantial.

Sep 25, 2023

China May Have Built A Third Exascale Supercomputer — And May Be Hiding Its Real Capabilities

Posted by in categories: biotech/medical, chemistry, economics, military, robotics/AI, supercomputing

Computer performance is measured in FLOPS, or floating-point operations per second. The first supercomputer, which was developed in 1964, could run 3,000,000 FLOPS, i.e., 3 megaFLOPS. Exa means 18 zeros, meaning 1,000,000,000,000,000,000 FLOPS. An exascale computer can perform that many operations — something that is almost impossible to imagine.

Now, there is a huge advantage to commanding that kind of computing power in today’s world. Here is what the same McKinsey report says: “Exascale computing could allow scientists to solve problems that have until now been impossible. With exascale, exponential increases in memory, storage, and compute power may drive breakthroughs in several industries: energy production, storage, transmission, materials science, heavy industry, chemical design, AI and machine learning, cancer research and treatment, earthquake risk assessment, and many more.”

Put simply, China now may have the computing power at its disposal to match, or even overtake, technology leaders like the United States in several areas that could be key to becoming the dominant economic and military power in the world. China could also pair its advances in artificial intelligence with this mind-boggling computering power and achieve technological and military dominance quite quickly.

Sep 24, 2023

The Craziest Megastructures Scientists Are Willing to Build

Posted by in categories: economics, engineering, military, space

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In this video, we explore the biggest construction sites of the future — the ones that will one day provide us with real megastructures of all kinds and purposes.

Continue reading “The Craziest Megastructures Scientists Are Willing to Build” »

Sep 23, 2023

Job Seekers, Look Out for Job Scams

Posted by in categories: business, cybercrime/malcode, economics, finance

The economic downturn is already a devastating blow to job seekers everywhere. Now scammers are taking advantage of the situation by ramping up their methods of swindling people.

Job scamming is a threat to job seekers all over the world. For example, the Better Business Bureau (BBB) reported an increase in job scam complaints in the United States and Canada in the past several years. Singapore job seekers lost $660 million SGD ($495 million USD) in 2022 alone. And in the UK, 10,000 people were approached on LinkedIn and Facebook by “foreign spies and malicious actors” to steal information.

Phishing attacks and malware are the primary methods of scamming job seekers, according to a February Trellix report. Scammers create fake websites, often employing typosquatting. A fake site uses a real name like Indeed that’s slightly misspelled (such as “Indeeed”) or extends the URL in hopes the job seeker will not notice the base domain name. These sites appear legitimate but are used to steal passwords and financial information.

Sep 23, 2023

Saudi Arabia to resume building the world’s tallest tower

Posted by in categories: business, economics, space

Standing 3,280 feet (1,000 meters) tall, the Jeddah Tower will dwarf the Burj Khalifa by over 560 feet (172 m).

Jeddah Economic Company (JEC), the firm behind the ambitious Jeddah Tower Project in Saudi Arabia, has announced the resumption of work on the world’s tallest building, media reports have confirmed. The project that began in 2010 came to an abrupt halt in 2017.

Countries in the Middle East have been pouring money into ambitious projects to attract tourism and businesses and reduce their dependence on oil exports for income. The city of Dubai is replete with examples of structures meant to attract people from all over the world, whether one looks at the Palm Islands or the Moon-themed resort.

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